Guideline Value for DEVI SRI ELLAIYAMMAN NAGAR

Devi Sri Ellaiyamman Nagar guideline value

The current guideline value of Devi Sri Ellaiyamman Nagar is Rs 300 per sq.ft, effective from 1 July 2024. This locality is situated in Uthukadu-B village and falls under the Walajabad SRO. The land classification for this area is Residential Class I Type - II.

How the guideline value of Devi Sri Ellaiyamman Nagar has changed

The guideline value for Devi Sri Ellaiyamman Nagar has remained consistent at Rs 300 per sq.ft since the 2023 revision, which also recorded the same figure. Prior to that, the register has no figure for this street for the years 2017, 2012, 2007, 2003, and 2002.

As per the 2024 revision, the guideline value is Rs 300 per sq.ft, indicating no change from the 2023 revision, which also stood at Rs 300 per sq.ft. This consistency suggests stability in the guideline value for this area over the past two years.

Guideline values in Uthukadu-B

In Uthukadu-B, there are 33 streets under the Walajabad SRO that have a 2024 guideline value ranging from Rs 200 to Rs 1,500 per sq.ft, with a median value of Rs 400 per sq.ft. Devi Sri Ellaiyamman Nagar's current guideline value is below this median.

• Dhia Nagar: Rs 600 per sq.ft (2024)
• Doctors Detroit City: Rs 775 per sq.ft (2024)
• G S Avenue: Rs 600 per sq.ft (2024)
• Ashtalakshmi Nagar: Rs 200 per sq.ft (2024)
• J.S. Nagar Phase -II: Rs 800 per sq.ft (2024)
• Kumaran Nagar: Rs 300 per sq.ft (2024)

Stamp duty and registration fee for property in Devi Sri Ellaiyamman Nagar

For a 1,000 sq.ft plot at the current guideline value of Rs 300 per sq.ft, the total guideline value amounts to Rs 3,00,000. The stamp duty at 7% would be Rs 21,000, and the registration fee at 2% would be Rs 6,000, resulting in a total of Rs 27,000. It is important to note that the duty is charged on the higher of the guideline value or the sale price.

For more information, you can use the stamp duty and registration fee calculator.

Which Sub Registrar Office covers Devi Sri Ellaiyamman Nagar?

The Sub Registrar Office that covers Devi Sri Ellaiyamman Nagar is the Walajabad Sub Registrar Office, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone. You can find your SRO for more details.

How the guideline value is used when you buy or sell in Uthukadu-B

The guideline value plays a crucial role during the registration of property transactions in Uthukadu-B. It is used to determine the stamp duty and registration fees that must be paid when a property is bought or sold.

When registering a property, the guideline value is assessed to ensure that the transaction is in line with the prevailing market conditions. Buyers and sellers should be aware of the guideline value to avoid any discrepancies during the registration process.

Frequently asked questions

What is the current guideline value of Devi Sri Ellaiyamman Nagar?

The current guideline value of Devi Sri Ellaiyamman Nagar is Rs 300 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has remained at Rs 300 per sq.ft since the 2023 revision. There are no figures available for the years 2017, 2012, 2007, 2003, and 2002 for this street.

What is the land classification for Devi Sri Ellaiyamman Nagar?

Devi Sri Ellaiyamman Nagar is classified as Residential Class I Type - II, indicating its suitability for residential development.

What are the other streets in Uthukadu-B and their guideline values?

Other streets in Uthukadu-B include Dhia Nagar at Rs 600 per sq.ft, Doctors Detroit City at Rs 775 per sq.ft, G S Avenue at Rs 600 per sq.ft, Ashtalakshmi Nagar at Rs 200 per sq.ft, J.S. Nagar Phase -II at Rs 800 per sq.ft, and Kumaran Nagar at Rs 300 per sq.ft.

Where can I find the Sub Registrar Office for Devi Sri Ellaiyamman Nagar?

The Walajabad Sub Registrar Office covers Devi Sri Ellaiyamman Nagar, located at Sriperumbudur Road, Walajabad-631 605, Chengalpattu registration zone.